Office of the CISO: Before and after outsourcing
ARTICLE | January 10, 2024
Authored by RSM US LLP
Protecting your organization against cyber threats is hard enough, but managing the policies, procedures and planning activities of digital security in today’s environment is exponentially more difficult. Maintaining continuity, hiring and retaining qualified staff, integrating new technology, managing a budget, keeping up with evolving risks—it’s a nonstop job only outpaced by the relentless cyber threats themselves.
Some middle market organizations keep their office of the CISO in-house, operating under the assumption that handling threats this way is more cost effective than outsourcing them. And maybe at one time it was. But the labor shortage, increased cyber threats and the complexity of cloud security are prompting many middle market organizations to reconsider their approach.
Drawn from conversations with security providers who are in the cyber trenches, this use case looks at the challenges of keeping the office of the CISO in-house and what life looks like when middle market organizations outsource that work.
What’s a CISO?
An organization’s chief information security officer (CISO) is an important member of the leadership team whose key duties include:
- Security program governance activities
- Advising the C-suite and board on security challenges
- Managing relationships with security vendors/partners
- Planning for new technology, tools and solutions
- Offering insights for an organization’s strategic planning
Outsourcing security may have seemed like a luxury years ago, but with the rapid increase in digitalization, a tight labor market and the need for nonstop vigilance, outsourcing the office of the CISO makes more sense than ever. Middle market organizations in particular struggle in this regard. You can better protect your organization—and your budget—by outsourcing your office of the CISO to a trusted team of advisors. The virtual Office of the CISO can help your organization better manage security both now and as you grow.
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This article was written by RSM US LLP and originally appeared on 2024-01-10.
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